iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Purchased by Stokes Family Office LLC

Stokes Family Office LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 894.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 36,349 shares of the company’s stock after buying an additional 32,693 shares during the quarter. iShares MSCI USA Momentum Factor ETF comprises about 0.8% of Stokes Family Office LLC’s investment portfolio, making the stock its 28th largest holding. Stokes Family Office LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $7,521,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1,880.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after purchasing an additional 188 shares in the last quarter. AdvisorNet Financial Inc boosted its holdings in iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after purchasing an additional 74 shares in the last quarter. Vontobel Holding Ltd. acquired a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $432,000. Kingsview Wealth Management LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 17.9% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock valued at $275,000 after purchasing an additional 202 shares in the last quarter. Finally, Summit X LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1,416.6% in the fourth quarter. Summit X LLC now owns 22,142 shares of the company’s stock valued at $4,582,000 after purchasing an additional 20,682 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Down 4.2 %

Shares of MTUM opened at $200.22 on Wednesday. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $229.77. The stock has a 50 day moving average price of $215.65 and a 200 day moving average price of $209.84. The company has a market capitalization of $13.77 billion, a price-to-earnings ratio of 27.42 and a beta of 0.99.

About iShares MSCI USA Momentum Factor ETF

The iShares MSCI USA Momentum Factor ETF (MTUM) is an exchange-traded fund that is based on the MSCI USA Momentum SR Variant index. The fund tracks an index of large- and mid-cap US equities, selected and weighted based on price appreciation over 6- and 12-month periods and low volatility over the past 3 years.